ZIP 90038 covers residential neighborhoods in Los Angeles, located within Los Angeles County, CA, part of the broader Los Angeles housing market. The typical home value in ZIP 90038 in the Los Angeles housing market is $1,009,064, with a typical rent of $2,628 per month. That puts the local home-value-to-annual-rent ratio at 32.0.
Key stats
- ZIP 90038 is around the 61st percentile of tracked local ZIPs for home value.
- ZIP 90038 is around the 22nd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 32.0.
- Supply and buyer competition did not produce a clear easing or tightening split.
- ZIP 90038's typical home value is 8.6% above the metro median of $929,126.
- Typical home value
- $1,009,064
- Typical rent
- $2,628
- Homes for sale
- 47
- Buyer competition
- 54
- New listings
- 10
- Listings with price cuts
- 22.2%
Price and rent in ZIP 90038
ZIP 90038 is around the 61st percentile of tracked local ZIPs for home value. ZIP 90038 is around the 40th percentile of tracked local ZIPs for rent.
ZIP 90038 home value & rent trend (past 12 months)
Typical home value fell 2.0% over the past 12 months, from $1,029,220 to $1,009,064. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.5% in November 2025.
Typical rent rose 1.4% over the past 12 months, from $2,591 to $2,628. It rose in 6 of 11 monthly readings. The largest monthly gain was +0.8% in March 2026.
How ZIP 90038 compares to the metro
ZIP 90038's typical home value is 8.6% above the metro median of $929,126. ZIP 90038's typical rent is 3.0% below the metro median of $2,710. ZIP 90038's buyer competition is 10.0% below the metro median of 60.
Supply, pending activity, and competition
ZIP 90038 is around the 19th percentile of tracked local ZIPs for for-sale inventory. ZIP 90038 is around the 22nd percentile of tracked local ZIPs for buyer competition. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 28 and 47 — a 19-point spread across 94 comparable tracked ZIPs. Inventory has moved rising in each of the latest three available monthly readings.
Nearby markets worth comparing
Relevant nearby ZIP pages include 90028, 90004, 90029, 90020.
Continue your market research
- Is Los Angeles Housing Market Cooling?Read the related local market analysis.
- Is Los Angeles a Buyer's Market?Read the related local market analysis.
- Compare 90038 vs 90002Compare this market with another tracked ZIP or peer group.
- Compare 90038 vs 90003Compare this market with another tracked ZIP or peer group.
- Compare 90038 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 90028 housing marketReview a nearby local market with the same core measures.
- ZIP 90004 housing marketReview a nearby local market with the same core measures.
- ZIP 90029 housing marketReview a nearby local market with the same core measures.
- Los Angeles Metro housing market overviewReturn to the broader parent market.
90038 Housing Market Overview FAQ
What is the typical home value in ZIP 90038?
The typical home value in ZIP 90038 is $1,009,064 in the latest monthly reading.
What is the typical rent in ZIP 90038?
Typical rent in ZIP 90038 is $2,628 per month.
What is the home-value-to-rent ratio in ZIP 90038?
ZIP 90038 has a home-value-to-annual-rent ratio of 32.0.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules